Geecee Ventures Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Geecee Ventures Ltd trades at ₹342, building a base and 5 weeks into that stage. That is +4.9% against its own 200-day average. It sits at 73% of a 52-week range of ₹230 to ₹384. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 17 straight weeks.

Today the stock is building a base — week 5 of stage 1. At ₹342 it trades +4.9% versus its 200-day average and sits at 73% of its 52-week range (₹230–₹384).

Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +223% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 17 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 58th percentile of its own range.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Geecee Ventures Ltd trades at 16.6× P/E, mid-range by its own standards (58th percentile). Its long-run median P/E is 13.8×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 16.6× is mid-range by its own standards (58th percentile), against a long-run median of 13.8× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved −10.0% against a −9.1% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 5y, of the +13.1%/yr price move, ~+32.7%/yr came from earnings growth and ~−19.6 pp from the multiple (compressing); over 10y, of the +5.4%/yr price move, ~+15.7%/yr came from earnings growth and ~−10.3 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Geecee Ventures Ltd reads as mixed on its fundamental arc. Mixed — the growth curves are steadily positive, but ROCE at 6.0% is below the 15% bar this page requires to call it Consistent. The read is built from 10 quarters across 3 curves, on partial evidence.

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

4-Factor Sector Score

54.6/100 — rank 9 of 26 in Realty - Construction & Contracting · 83% evidence confidence

Geecee Ventures Ltd scores 54.6 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 9. Price leads the evidence: RS versus the benchmark is 3.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

The four contributions add to the total exactly: 14.8 + 13.8 + 10 + 16 = 54.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Geecee Ventures Ltd reported ₹33.0 Cr of revenue in the Mar 26 quarter, +106.3% year on year. Over 10 years it has compounded at −6.3% a year. The last full year, FY26, came in at ₹75.0 Cr. The last four reported quarters add to ₹75.0 Cr.

Geecee Ventures Ltd reported ₹33.0 Cr of revenue in the Mar 26 quarter, +106.3% year on year. Over 10 years it has compounded at −6.3% a year. The last full year, FY26, came in at ₹75.0 Cr. The last four reported quarters add to ₹75.0 Cr.

FY26 revenue came in at ₹75.0 Cr (−44.4% on the year), capping 10 years at −6.3% compound. The latest quarter (Mar 26) printed ₹33.0 Cr, +106.3% year on year.

Pace check: the last four quarters averaged −19.7% growth against the decade's −6.3% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −44.4% over the last 4 quarters against −12.1%/yr over the last 8 — rolling over; TTM profit −12.5% vs +6.5%/yr — rolling over.

→ Revenue grew — did margins hold as it scaled? Next: 87.0% this quarter (+59.0 pp YoY).

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Geecee Ventures Ltd's operating margin is 87.0% in the Mar 26 quarter, +59.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 14.0% to 70.0%. The current quarter is running above every full year in that window.

Geecee Ventures Ltd's operating margin is 87.0% in the Mar 26 quarter, +59.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 14.0% to 70.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 87.0%, +59.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 14.0%–70.0%, and FY26's 70.0% is the top of that band — a record year.

Why the margin moved: operating margin went +58.9 pp year on year while gross margin went +34.3 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

→ Margins held — did that reach the bottom line? Next: profit +500.0% in the latest quarter.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Geecee Ventures Ltd earned ₹24.0 Cr of net profit in the Mar 26 quarter, +500.0% year on year. Full-year FY26 profit was ₹42.0 Cr. The 10-year compound rate is 1.6%. That is 72.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr.

Geecee Ventures Ltd earned ₹24.0 Cr of net profit in the Mar 26 quarter, +500.0% year on year. Full-year FY26 profit was ₹42.0 Cr. The 10-year compound rate is 1.6%. That is 72.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr.

Mar 26 profit was ₹24.0 Cr, +500.0% year on year. On the full year, FY26 printed ₹42.0 Cr (−10.6%), and the 10-year compound rate is 1.6%.

Why profit moved: revenue contributed +106.3% and the margin +59.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +82.3% vs revenue −19.7%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 83% of the last 3 years' profit arrived as cash.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 83% of Geecee Ventures Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹−91.0 Cr of operating cash against ₹42.0 Cr of profit. After ₹−3.0 Cr of capital spending, ₹−88.0 Cr was left as free cash.

FY26: operating cash of ₹−91.0 Cr against reported profit of ₹42.0 Cr, leaving free cash of ₹−88.0 Cr after ₹−3.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 83% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 83%: the cash cycle stretched 25,668 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

→ So follow the cash to where it goes. Next: a 27,848-day cycle and ₹6.0 Cr of building.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Geecee Ventures Ltd's cash conversion cycle runs 27,848 days in FY26, up from 2,180 days in FY21. Capital spending ran ₹6.0 Cr over the last 3 years. At FY26 sales of ₹75.0 Cr each day of that cycle holds about ₹0.2 Cr, so roughly ₹5,722 Cr sits inside the business at any moment.

FY26: debtors at 7 days, inventory at 27,985 days — roughly 920.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 27,848 days, looser than FY21's 2,180.

The full loop: cash goes out to suppliers and production on day 0; stock waits 27,985 days to sell; customers pay about 7 days after that; and suppliers themselves are paid at 144 days — netting out to the 27,848-day cycle.

In money terms: at FY26 sales of ₹75.0 Cr, each day of the cycle holds about ₹0.2 Cr — so the 27,848-day loop keeps roughly ₹5,722 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹6.0 Cr over the last 3 fiscal years against ₹6.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 6% and the ROIC − WACC spread is −2.7 pp.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Geecee Ventures Ltd earns a ROCE of 6% in FY26. That is up from a trough of 3% in FY14. Return on invested capital clears the cost of that capital by −2.7 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 56.0% net margin on 0.05× asset turns.

FY26 ROCE is 6%, recovered from a FY14 trough of 3% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY26): 56.0% net margin × 0.05× asset turns × 1.69× balance-sheet leverage ≈ 4.7% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 9.3% − 12.0% = a −2.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.00.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Geecee Ventures Ltd carries ₹0.0 Cr of borrowings against ₹835 Cr of equity in FY26, a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Capital spending ran ₹6.0 Cr across the last 3 of those years.

FY26: borrowings of ₹0.0 Cr against equity of ₹835 Cr — a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr while capital spending ran ₹6.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.

→ Who owns this, and are they adding or leaving? Next: the register is quiet.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Geecee Ventures Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.0 points over the same window, to 67.7%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: +0.1 points over 8 quarters to 0.1%; Promoters: +0.0 points over 8 quarters to 67.7%; Foreign institutions: +0.0 points over 8 quarters to 0.0%.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Geecee Ventures Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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